Current Market Data
Interest rates are staying right where they are…for the time being. And so the speculation continues for another month. After weeks of outside editorial, predictions and warnings, the Federal Reserve announced today that it will leave interest rates at their
Recent grads may fear buying a home because they are stressed from student loans and starting their lives. Some grads’ professions, though, will make them more prepared to purchase a home than others, and Realtor.com has put together a list
Houston was an anomaly in the wake of the financial crisis, as the city’s surging economy kept the housing market strong. However, according to Zillow that may no longer be the case. “Houston is starting to become not as affordable for
Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong
A new survey from Bloomberg Business anticipates that the next recession will occur in 2018. The survey was taken from a median average of 3o economists. They report that there is a 10 percent chance of a recession headed in
During the 2005 to 2007 bubble years, the gap between home prices and the long-run sustainable values in the U.S.’ largest 100 markets was approximately 10 percent, meaning that housing was 10 percent overvalued to its fundamentals. When the market
According to a new National Association of Home Builders study, 70 percent of builders generally use between 11 and 30 subcontractors to build one single-family home. On average, a typical builder would use 22 subcontractors to build a house. Here is
New research from RealtyTrac has found that Oct. 8 is the best day to buy a house; according to the data, average buyers on that day see a 10.8 percent discount below estimated market value. Other good days to
In 2014, the share of new homes with 5,000-plus square feet rose to a post-recession peak of 3.75 percent of new homes started, or 24,000 units, according to the Census Bureau’s Survey of Construction. Back in 2006, the new construction boom
Click on the tabs below to see the top single-family, condo and multi-family closings in Greater Houston’s housing market in August Single Family Condo Multi-Family Single Family Sales Price Property Agent Office $7,140,000 River Oaks Blvd, 2406, Houston Marlene Rhoden Martha
Houston sales fizzled in August after months of growth, but price appreciation remained hot, the Houston Association of Realtors reported. In terms of total single-family units, sales climbed by only 49 from the same time last year, an increase
Foreclosures continued losing market share in July, as inventory declined 27.9 percent from the same time last year, with completed foreclosures dropping 24.4 percent, according to CoreLogic’s latest report. Foreclosure inventory represented 1.2 percent of all mortgaged homes in
Around the nation, the risk of natural disasters varies depending on a number of factors, including geographical makeup and location. In its 2015 U.S. Natural Disaster Housing Risk Report, RealtyTrac found that 35.8 million single-family homes and condos, or
Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of
This year is shaping up to be a positive one for new construction in Houston. Residential construction spending in the Houston area was up 10 percent year-over-year in July, but so far in 2015 is only 3 percent ahead of where it was
In 2010, Tomball’s population within a three-mile radius was just above 18,818, according to the city’s website. By 2017, officials expect that number to move somewhere closer to 20,200 – assuming the annual rate of growth remains close to